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===The timing of [[Dividend - Equity Derivatives Provision|dividends]]=== | ===The timing of [[Dividend - Equity Derivatives Provision|dividends]]=== | ||
There are four crucial dates: in order, these are the “'''[[declaration date]]'''”, the | There are four crucial dates: in order, these are the “'''[[declaration date]]'''”, the “'''[[ex-dividend date]]'''”, the “'''[[record date]]'''”, and the “'''{{eqderivprov|Dividend Payment Date}}'''”. | ||
*'''[[Declaration date]]''': The [[declaration date]] (also called an [[announcement date]] is the date on which the [[issuer]] announces there will be a dividend payment. This comes first. This announcement will include the size of the dividend (the {{eqderivprov|Dividend Amount}}), the [[ex-dividend date]] (being the last date on which, if you buy the stock, you get the dividend), and the {{eqderivprov|Dividend Payment Date}} — the date on which a dividend is actually paid. Timings are likely to be: | *'''[[Declaration date]]''': The [[declaration date]] (also called an [[announcement date]] is the date on which the [[issuer]] announces there will be a dividend payment. This comes first. This announcement will include the size of the dividend (the {{eqderivprov|Dividend Amount}}), the [[ex-dividend date]] (being the last date on which, if you buy the stock, you get the dividend), and the {{eqderivprov|Dividend Payment Date}} — the date on which a dividend is actually paid. Timings are likely to be: | ||
:*[[Declaration date]] = D | :*[[Declaration date]] = D | ||